Revenues from continuing operations for the three months ended March 31, 2006 were approximately $11.7 million, compared to revenues from continuing operations of approximately $10.3 million in the three months ended March 31, 2005, an increase of 13.3%. The net loss for the three months ended March 31, 2006 was $2.5 million, or $(0.05) per share, compared to a net loss of $500,000, or $(0.01) per share, in the three months ended March 31, 2005.

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During the first quarter of 2006, the Company experienced an increase of $1.7 million, or 18.1%, in sales of its professional products, while sales by the Company's Enterprise Solutions Group decreased $200,000, or 71.5%.

The Company's first quarter net loss includes a loss of approximately $960,000 from its discontinued retail channel operations, compared with net income from discontinued operations of approximately $900,000 in the first quarter of 2005. The loss for the first quarter of 2006 reflects negative revenues and reserves accrued in connection with returns of retail products sold in prior periods, and the write down of returned retail inventories. Operating results from discontinued operations do not include any allocation of corporate overhead.

At March 31, 2006, the Company had a cash balance of $2.7 million, total assets of $27.4 million and stockholders' equity of $2.9 million. Cash flows used in operations for the quarter ended March 31, 2006 totaled $590,000.

"During the quarter, we transitioned our business away from retail channel sales to focus our efforts on sales of professional security products and sales by our Enterprise Solutions Group," said Steve Walin, the Company's new Chief Executive Officer. "We believe that we have strong relationships with our customers, that the video surveillance market is robust, and that there are significant growth opportunities available to GVI."

Joseph Restivo, the Company's new Chief Financial Officer, noted that the Company's selling, general and administrative expenses decreased 3.6% in the first quarter of 2006 as compared to the first quarter of 2005, and remarked that "we will continue to implement cost-saving measures, and expect to be able to further reduce operating expenses over the remainder of fiscal 2006."

About GVI Security Solutions, Inc.

GVI Security Solutions Inc. is a provider of complete video surveillance and security solutions incorporating a complete line of video surveillance, access control and detection systems to the homeland security, professional and business-to-business segments. GVI provides a strong combination of CCTV, Digital Video Recording, Access Control, Rapid Access Portals, Video IT-Based Networking and Video Threat Detection systems that enhance life safety for both government agencies and the private sector. GVI's Enterprise Solutions Group provides systems for various government, homeland security and commercial clients. GVI's board and senior management have decades of experience in the security, law enforcement, military and investment banking communities. The Chairman of the Board is Howard Safir, former New York City Police Commissioner.

Forward Looking Statements:

Some of the statements made by GVI Security Solutions, Inc. in this press release are forward-looking in nature. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may differ materially from those expressed or implied by the statements herein. GVI Security Solutions, Inc. believes that its primary risk factors include, but are not limited to: its ability to continue as a going concern, uncertainty of future profitability, reliance on primary supplier; effective integration of recently acquired operations and personnel; expansion risks; effective internal processes and systems; the ability to attract and retain high quality employees; changes in the overall economy; rapid change in technology; the number and size of competitors in its markets; outstanding indebtedness; law and regulatory policy; the mix of products and services offered in the company's target markets; and other factors detailed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-KSB for the year ended December 31, 2005 currently on file, as well as the risk that projected business opportunities will fail to materialize or will be delayed.